The period of time it takes to go from one harvest to the next harvest is known as a crop year. If crops are only planted once per year then a crop year can approximately a calendar year in length. However, in some climates within a calendar year there can be two crop years .

Commodity Crop

Often a commodity crop is referred to by the year it was harvested, or it will be harvested, it i just because this provides a base reference for everyone. Some crops will be more desirable in one year than they will be in another year due to weather or other conditions.

Crops included in commodity crop

Commodity crops include any crops that many individuals produces are of roughly the same quality, no matter by whom they are produced. Common corn, wheat, soybeans and rice are included in the commodity crops.

There are some climates, where it may be possible to plant a commodity crop, such as corn, in November or December. Then this crop is harvested the next year in the spring. Then, after the harvest of that crop, it is possible to put in another planting for harvest in the fall.

Though the two crops were harvested at different times of the year, but still they will be designated as being in the same crop year.

Crop Insurance

When we talk about crop insurance, a crop year can mean something different entirely. Many times, insurance companies run a crop year to coincide with their fiscal year. Usually this runs from 1 July, to 30 June of the next year.

This method of defining a crop year is simply used as a bookkeeping matter by a crop insurance. Due to the fact that most claims, especially in the corn and grain belts, often come in after the first of July, so this makes it easier for insurance companies to keep claims and payments in the same fiscal year as much as possible.

Difference between crop year and crop marketing period

There is a difference between crop year, whether in the insurance sense or the production sense, and a crop marketing period, which lasts 12 months from the date of harvest, no matter when the next harvest takes place. However, in many cases the two may be of roughly equal time periods.

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